Use the following data: (Label your work) 297,000 available room nights in your hotel Your hotel...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
Use the following data: (Label your work) 297,000 available room nights in your hotel Your hotel represents 18.7% of available roomnights and therefore its fair share 71% occupancy Mix of demand is 63% commercial, 19% group, 18% tourist Market: The hotel is open 365 days Market mix of demand is 710,417 room nights commercial, 279,461 group, and 215,934 tourist room nights a) How many occupied roomnights are there in your hotel? b) How many roomnights are in each segment for your hotel? c) What is the market occupancy? d) What percentage of roomights (share) are the commercial, group and tourist segments for the market? Use the following data: (Label your work) 297,000 available room nights in your hotel Your hotel represents 18.7% of available roomnights and therefore its fair share 71% occupancy Mix of demand is 63% commercial, 19% group, 18% tourist Market: The hotel is open 365 days Market mix of demand is 710,417 room nights commercial, 279,461 group, and 215,934 tourist room nights a) How many occupied roomnights are there in your hotel? b) How many roomnights are in each segment for your hotel? c) What is the market occupancy? d) What percentage of roomights (share) are the commercial, group and tourist segments for the market?
Expert Answer:
Answer rating: 100% (QA)
a To calculate the number of occupied room nights in your hotel we can multiply the total available room nights by the hotels occupancy rate Occupied ... View the full answer
Related Book For
Posted Date:
Students also viewed these accounting questions
-
Managing Scope Changes Case Study Scope changes on a project can occur regardless of how well the project is planned or executed. Scope changes can be the result of something that was omitted during...
-
Planning is one of the most important management functions in any business. A front office managers first step in planning should involve determine the departments goals. Planning also includes...
-
Use the attached "words.txt" file to store the words along with their ranks in an AVL tree. Then provide the user the option to search for any word. If the word exists the program displays the rank...
-
Find the lengths of the curves. The cardioid r = 1 + cos
-
Show the steps involved in a synthesis of Phe-Ala-Val using the Merrifield procedure.
-
You are an investor who would like to create a combination by taking positions in THREE OPTIONS. The options available to you are shown on the table below. You would like the profit from this...
-
The strength of an item is known to be normally distributed with mean 200 and unknown variance 2 . A random sample of ten items is taken and their strength measured. The strengths are: 215 186 216...
-
For December 31, 2012, the balance sheet of Baxter Corporation was as follows: Sales for 2013 were $245,000, and the cost of goods sold was 60 percent of sales. Selling and administrative expense was...
-
1. 120g of an organic compound that contains only carbon and hydrogen gives 330g of CO2 and 270g of water on complete combustion. The percentage of carbon and hydrogen, respectively are (a) 25 and 75...
-
1. Who are the followers at Bluebird Care? 2. In what way is followership related to the mission of the agency? Do Robin and her managers recognize the importance of followership? Explain. 3. Using...
-
Your company has five delivery trucks that are getting old and only have two years of useful life left in them. As they are not fuel efficient and need a lot of repairs, they generate net cash flow...
-
The block diagram of a feedback system is shown in Fig. P2.4 (a). (a) Find the closed loop transfer function. (b) Find the minimum value of \(\mathrm{G}\) for which the step response of the system...
-
A JVC advertisement appeared in several national periodicals. It claimed that the SEA graphic equalizer system can create 371,293 different sounds from the thirteen possible zone levels on each of...
-
The Fig. D2.6 shows structure of a feedback control scheme. Determine \(T_{d}\) so that system exhibits critically damped dynamics. Compute its settling time. 1 sta ? 4 s(s+ 1.6)
-
How are timing diagrams used and when are they most useful?
-
Why does the NIH syndrome occur?
-
1. Please provide 3 different examples of how our perceptual systems may produce a conscious experience of the world that is demonstrably false. 2. Although each of our retinas features a "blind...
-
DEPARTMENT DATA EMPLOYEE DATA EmployeeNumber FirstName Mary Rosalie Richard George Alan 3 4 5 7 8 9 855555ES 12 13 14 15 16 17 Create the database tables in SQL or ACCESS: 18 19 20 PROJECT DATA Ken...
-
Madison Lighting has several plants located around the United States. The companys controller has imported its job cost data from the past year into Excel. The following is a sample of the table of...
-
Gamma Electronics manufactures and sells smartphones. Unfortunately, the company recently suffered serious fire damage at its home office. As a result, the accounting records for October were...
-
The Peacelove Hotel upgrades its conference facilities approximately every five years so that it can book larger, more profitable conventions than if it had older dcor and technologies. Managers at...
-
A pronghorn, the fastest North American animal, is capable of running at 18 m/s (40 mph) for 10 minutes, after which it must slow down. The time limit isnt because the pronghorn runs out of energy;...
-
When the Glen Canyon hydroelectric power plant in Arizona is running at capacity, 690 m 3 of water flows through the dam each second. The water is released 220 m below the top of the reservoir. If...
-
If you want to jump as high as possible, its best to move downward quickly to a deep crouch, stretching tendons and muscles, before pushing off and leaving the ground rather than simply pushing off...
Study smarter with the SolutionInn App